BREAKING: Gold inventories on COMEX have surged to 30 million troy ounces, the highest since August 2022. Inventories have almost doubled over the last several weeks, posting the largest inflows since 2020. Meanwhile, gold prices are now up a whopping +40% over the last 12 months and in all time high territory. Even as the US Dollar and Treasury Yields have risen sharply, gold continues to outperform. Gold is making history.
